CPPIB invests $2.4-billion with Swedish fund EQT to build data centres

CPP Investments will invest US$1.75B ($2.4B) to back an EQT-led strategy to build artificial intelligence infrastructure. The sizable commitment signals strong institutional support for AI infrastructure buildout, which should be modestly positive for related private-market activity and the EQT platform.

Analysis

CPP Investments will invest US$1.75B ($2.4B) to back an EQT-led strategy to build artificial intelligence infrastructure. The sizable commitment signals strong institutional support for AI infrastructure buildout, which should be modestly positive for related private-market activity and the EQT platform.